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Bloomberg

JPM's Lakos: Dwindling Oil Inventories Could Force Reopening of Hormuz

Traffic in the Strait of Hormuz remains at a standstill, with the US President saying the ceasefire is on "massive life support". Dubravko Lakos, Global Head of Market Strategy at JPMorgan, says inventories have helped to offset to the energy shock so far, but we're now heading towards so-called "operational stress levels" that could potentially force the reopening of the Strait. Lakos joined Bloomberg's Francine Lacqua at JPMorgan's Global Markets Conference in Paris.

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Bloomberg

JPMorgan's Sanjay Jhamna: Software Shock is Over

Private credit may have been hit by negative headlines, but inflows are unquestionably strong, says Sanjay Jhamna, Head of Global Credit Trading at JPMorgan. He says the fact that recent AI model releases did not result in a negative market reaction shows that the shock has passed for the software sector. Jhamna joined "The Pulse with Francine Lacqua" at the JPMorgan's Global Markets Conference in Paris.

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Bloomberg

Daiichi Sankyo Sees Strong Growth Despite One Off Costs

Daiichi Sankyo says its underlying business remains strong despite a one time expense and conservative earnings guidance that came in below market expectations. The Japanese drugmaker reported double digit growth and rising revenue, supported by robust demand for its flagship cancer treatments. The company also outlined its medium term outlook, highlighting antibody drug conjugates, research investment and the role of artificial intelligence, even as competition intensifies and currency moves remain a factor. Hiroyuki Okuzawa, President and CEO of Daiichi Sankyo, spoke exclusively with Shery Ahn on Insight with Haslinda Amin about results, strategy and growth priorities.

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